Board Memberships and Affiliations

Founder

Streaming Media Corporation AKAM

Education

degree
,
Policy Economics

Patrick evangelized the Gridless vision and over the past 5 years he's inspired investors and government officials to share in that vision.
He oversees company strategy including product sales, marketing, and strategic management.He attended NYU and received a degree in Policy Economics.

Rick Murphy is an innovative and successful serial entrepreneur with a wide range of experience in C-level management roles across a number of companies.He is a Merger & Acquisition veteran with a long track record of starting and leading businesses while pursuing and completing liquidity events for those firms and their shareholders.
Notably, Mr. Murphy has led over 35+ acquisition transactions for buy-side clients in the IT Services space since the inception of the company in 2010.

Rick is expert at conceiving, planning and leading comprehensive corporate development and M&A strategies to transform and enrich IT businesses.He is fluent in all related corporate, financial and legal business matters from inception through closing and compliance.
As a buy-side M&A advisor, he leads the entire acquisition lifecycle, from corporate pre-structuring and initial candidate contact, through due diligence, financial modeling, valuation, deal negotiation and transaction structuring, to the completion of all transaction documentation through to closing.Mr. Murphy's background is varied and deep, including specific expertise in business planning, financial modeling, and strategic sales.

"We are very excited to have Bruce join our management team," said Rick Murphy, CEO and Managing Partner at Cogent, "his history as a former MSP owner and his IT business development background, coupled with his many years successfully working with owners of IT service providers to become part of All Covered while he led M&A activities there, will help him swiftly integrate into the Cogent Growth Partners approach.

"As we have been maturing as a company, our relationships with our clientele and the candidate companies we meet have broadened our visibility into the market and the time horizon for potential transactions," said Rick Murphy, CEO and Managing Partner at Cogent, "there continues to be strong pent up desire to grow and diversify amongst our clients, and we are speaking with more new prospective clients than ever before, so we are confident that the buy-side is getting stronger.
Also, Murphy added, "The sell-side candidate companies we meet are just as interested in broadening their own horizons and they quickly understand the right transaction can help them flourish as part of something bigger, or propagate their new endeavors.

...

Additionally, Murphy said, "The Industry Retail Group transaction we accomplished this summer for our client Vector Security, underscores the fact that companies not commonly thought of as an MSP or an IT Services company are very much aware of the importance of the IT space generally and betting on its longevity.